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<p>[QUOTE="myownprivy, post: 3384113, member: 84588"]It greatly depends on the coin shop. In a personal emergency where you need money quickly, it shouldn't be a problem. My coin shops regularly have tens of thousands of dollars on hand and I have witnessed them offer cash or checks for large purchases. However, another shop has one of the dumbest policies where they won't buy unless you are selling over a certain number of ounces at a time. (However, this is the exception, not the rule).</p><p><br /></p><p>In a broader emergency (in your community, state, nation, world) it would be difficult to sell when you want because we would all be in the same emergency. If dealers are flooded with people wanting to sell, they might be pickier about what they buy or not be able to buy because they have already purchased so much in a short period of time. Think about the economics for the dealer in a situation like this from their perspective. They need to sell as much as they need to buy, and any emergency could either deplete or bloat their inventory. Based on that, you might not be able to sell your stuff as quickly as you'd like, or if you do, might not get as much for it as you would like.[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 3384113, member: 84588"]It greatly depends on the coin shop. In a personal emergency where you need money quickly, it shouldn't be a problem. My coin shops regularly have tens of thousands of dollars on hand and I have witnessed them offer cash or checks for large purchases. However, another shop has one of the dumbest policies where they won't buy unless you are selling over a certain number of ounces at a time. (However, this is the exception, not the rule). In a broader emergency (in your community, state, nation, world) it would be difficult to sell when you want because we would all be in the same emergency. If dealers are flooded with people wanting to sell, they might be pickier about what they buy or not be able to buy because they have already purchased so much in a short period of time. Think about the economics for the dealer in a situation like this from their perspective. They need to sell as much as they need to buy, and any emergency could either deplete or bloat their inventory. Based on that, you might not be able to sell your stuff as quickly as you'd like, or if you do, might not get as much for it as you would like.[/QUOTE]
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